UTAir Aviacompany

UTAir Aviacompany

MMOEX:UTAR
8.84
RUB
-0.04
(-0.45%)
2008 Y
2009 Y
2010 Y
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
TTM
Revenue per Share
39.49
43.85
56.96
70.39
105.21
91.4
101.74
93.7
14.75
14.83
16.36
16.89
11.4
16.02
Basic EPS, GAAP
-5.09
0.05
0.49
0.23
0.09
0.41
-81.15
-1.92
1.14
0.46
-4.29
-1.15
0.66
-1.09
Free Cash Flow per Basic Share
-10.77
-1.74
-4.88
-6.08
-7.47
-11.3
-5.36
-19.74
1.39
-0.19
1.08
1.24
2.76
- -
Dividend per Share
0.1
0.03
0.06
0.09
0.1
0.14
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.53
7.48
7.61
25.13
0.8
1.92
-62.18
-17.28
-1.33
-1.87
-6.17
-7.2
-5.01
-4.97
Tangible Book Value per Share
6.97
6.9
7.04
23.97
0.78
1.91
-62.18
-17.28
-1.33
-1.87
-6.19
-7.21
-5.02
-4.99
Basic Weighted Avg Shares
788
764
779
786
754
806
753
751
5,110
5,110
5,110
5,110
5,110
3,696
Sales/Revenue/Turnover
31,106
33,503
44,398
55,338
79,286
73,698
76,590
70,347
75,400
75,799
83,614
86,323
58,254
59,198
Operating Margin (%)
5.72
10.73
11.1
5.9
4.23
1.27
-15.51
7.53
7.81
10.21
4.48
9.61
6.3
-10.18
Depreciation Expense
1,507
2,213
3,078
3,340
5,418
6,215
6,571
6,950
7,113
6,477
6,245
10,399
8,384
- -
Net Income, GAAP
-4,011
38
383
179
70
327
-61,084
-1,439
5,811
2,367
-21,927
-5,902
3,349
-4,026
Effective Tax Rate (%)
- -
51.97
21.97
74.67
- -
29.43
- -
228.93
- -
- -
- -
309.16
14.75
- -
Profit Margin (%)
-12.9
0.11
0.86
0.32
0.09
0.44
-79.76
-2.05
7.71
3.12
-26.22
-6.84
5.75
-6.8
Working Capital
-9,928
-534
1,021
2,501
-10,063
4,415
-86,736
-1,989
-208
-3,412
-74,939
-75,298
-51,534
-48,429
LT Debt
6,270
12,549
21,124
25,362
6,870
12,429
23,270
64,824
59,123
57,938
13,480
15,739
29,845
13,301
Total Equity
6,408
6,391
6,722
20,980
2,731
2,907
-43,556
-11,093
-6,032
-8,367
-30,582
-36,334
-24,926
-18,082
Return on Invested Capital (%)
- -
5.62
11.44
1.83
- -
1.36
- -
-10.47
- -
- -
- -
-29.54
5.01
- -
Return on Capital (%)
- -
4.46
8.9
2.87
- -
7.16
- -
-21.26
- -
- -
- -
-31.04
14.99
- -
Return on Common Equity (%)
-84.29
0.64
6.35
1.35
0.66
32.33
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

RUB

•

in mil. unless spec.
Sep'18
Dec'18
Mar'19
ST Debt
965
74,430
68,289
LT Borrowings
79,195
3,439
13,301
LT Finance Leases
- -
10,040
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,635
5,110
3,635
Market Capitalization
29,079
38,531
27,553

Working Capital

RUB

•

in mil. unless spec.
Sep'18
Dec'18
Mar'19
Total Current Assets
36,443
16,221
32,654
Cash, Cash Equivalents & STI
1,046
1,291
684
Accounts Receivable, Net
3,079
6,066
27,773
Inventories
4,867
3,034
3,742
Total Current Liabilities
10,371
91,160
81,082
Payables & Accruals
- -
- -
- -
ST Debt
965
74,430
68,289
Deferred Revenue
- -
- -
- -

Growth Rates

RUB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-129.53%
49.2%
-31.4%
Free Cash Flow
-48.08%
-159.52%
121.59%
Net Income, GAAP
-2,044.68%
-363.83%
-156.75%
Sales/Revenue/Turnover
4.54%
-2.25%
-32.52%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

RUB

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -

Semi-annual Earnings Per Share

RUB

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -

Semi-annual Dividends Per Share

RUB

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -

Company Description

CEO
Andrey Zarmenovich Martirosov
Full Time Employees
10,000
Sector
Transportation
Industry
Airlines
Address
Aeroport Khanty-Mansiysk TM Russian Federation 628422
IPO Date
Jan 5, 2000
Website
utair.ru
Business
Public Joint-Stock Company UTair Aviation (MCX: UTAR) operates as a Russian airline providing scheduled domestic and international passenger and cargo transportation services; scheduled helicopter operations; and extensive charter flights with fixed-wing aircraft and helicopters supporting the oil and gas industry in western Siberia. The company maintains hubs at Surgut International Airport and Moscow's Vnukovo International Airport while basing its head office at Khanty-Mansiysk Airport; its fleet as of August 2025 comprises 59 aircraft including 15 ATR 72-500s, 6 Boeing 737-400s, 18 Boeing 737-500s, 17 Boeing 737-800s, and 3 Boeing 767-200ERs, excluding helicopters and subsidiary assets. Founded in 1967 as part of Aeroflot's Tyumen Directorate and restructured in 1991 as Tyumenaviatrans Aviation—adopting the UTair name in 2002 and rebranding to Utair in 2017—the carrier serves routes across eight countries with 123 destinations, focusing on connectivity for individual travelers, corporate clients, and energy sector operations primarily within Russia and select international markets. UTair Aviation reports 2024 revenue of 79.1 billion rubles, with 49.6 billion from domestic transportation and 28.8 billion from foreign flights, alongside a net profit of 866 million rubles; traffic grew 5.8% in 2024 versus the prior year, though remaining below 2019 levels amid ongoing market challenges. Recent developments include grounding of US-manufactured aircraft due to 2022 US export restrictions renewed in 2025, fleet optimization through reductions and maintenance adjustments, and participation in Russian government subsidy programs totaling 24.6 billion rubles for 2025 passenger transportation initiatives; the company operates as a subsidiary of OOO AK-invest while pursuing operational efficiency via hub expansions at Moscow Vnukovo and regional centers.